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Roadmap to Insurance Renewal – Exit 2

Our 2nd stop on the Roadmap to Renewal is the "Underwriting Phase".

Exit 1 - Pre-Renewal (100 - 120 Days Prior To Renewal Date)

  • Discuss Open Claims and Closure Strategy

  • Openly Communicate Budget Expectations for Future Bidding Purposes

  • Review Risk Management Strategies to Help Mitigate Potential Claims

  • Discuss Current Market Conditions for Roofing Professionals

  • Communicate Current Exposures to Roofing Industry

  • Discuss: Projections, Updates, and Limits

  • Discuss Optional Essential Coverages (i.e. Cyber, Pollution, E&O, EPLI, Crime, etc.)

  • Provide an analysis of Workers' Comp Experience Mod (NCCI Worksheets)

  • Review Scope of Work and Match Insurance Program with Partner Carrier

  • Obtain Updated Certificate Holder List

Exit 2 - Underwriting Phase (75 - 100 Days Prior To Renewal Date)

  • Large Claim Description and Action Plan to Prevent Re-Occurring

  • Obtain Updated Projections and Underwriting Data to Submit to Partner Carriers

  • Discuss Budget Objectives to Match Roofing Clients' Expectations

Are you following the road map to a successful renewal?

If not, contact Roofing Risk Advisors to help you reduce costs,

fuel margins, and increase profitability.

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